Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 113500
per

Your estimated
City
free-cash

Madrid , Spain
₽31078
₽37569
₽26712
₽44294
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
113 500
other
-
-
-
84
pensions
-
-
-
23 827
income
-
-
-
25 239
accident
-
-
-
758
unemployment
-
-
-
590
total
-
-
-
50 498
Employee
43 870
-
86 659
-
pensions
2 062
-
3 958
-
income
9 163
-
22 676
-
other
43
-
84
-
unemployment
679
-
1 305
-
total
11 947
-
28 023
-
Employer
43 870
-
86 659
-
pensions
10 353
-
19 870
-
other
352
-
674
-
unemployment
2 413
-
4 630
-
accident
869
-
1 667
-
total
13 987
-
26 841
-
Corporate
55 643
113 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

8 347
17 024
-
-
total
8 347
17 024
-
-
Dividends
47 296
96 476
-
-
withholding
9 726
20 258
-
-
total
9 726
20 258
-
-
Income
113 500
113 500
113 500
113 500
Total tax
44 007
37 282
54 864
50 498
After tax
69 493
76 218
58 636
63 002
Living cost
31 924
31 924
31 924
31 924
Free-cash
37 569
44 294
26 712
31 078

Estimated living cost  is ₽31924 per week

₽22927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
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Source of data for Madrid model

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Estimated living cost

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